Hong Kong stock market fluctuation | China Res Beer (00291) fell nearly 7%, leading the decline of beer stocks. Weak consumer environment combined with the high base effect may weigh on beer sales in May.

According to the Zhitong Finance and Economics APP, beer stocks collectively fell as of press time, with China Resources Beer (00291) down 6.71% at HKD 29.2; Bud APAC (01876) fell 5.89% to HKD 9.11; and Tsingtao Brew (00168) fell 3.96% to HKD 53.35. In terms of news, Guosen Securities pointed out that due to the still weak consumption environment and a high base in the same period last year, sales of beer industry leaders are expected to come under pressure in May. Beer manufacturers will attach greater importance to inventory health in the second quarter, and channel inventory will be gradually alleviated in April-May. Looking ahead to June and the second half of the year, with the weather gradually warming up and the addition of large-scale

Zhitong FinanceJun 10 22:34 ET

Budweiser Brewing Company APAC (HKG:1876) Has Some Way To Go To Become A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongsi

Simply Wall StJun 5 01:39 ET

Changes in Hong Kong stocks | Tsingtao Brewery Co., Ltd. (00168) fell more than 5%, leading the decline in beer stocks in April, beer production fell 9.1% year on year, and has been declining year on year for two consecutive months

Beer stocks continued their decline. As of press release, Tsingtao Brewery shares (00168) fell 5.45% to HK$56.35; China Resources (00291) fell 3.08% to HK$33; and Budweiser Asia Pacific (01876) fell 1.55% to HK$10.18.

Zhitong FinanceMay 29 22:25 ET

[Broker Focus] Fangzheng Securities's first “recommended” rating for Budweiser Asia Pacific (01876) indicates that its profitability is expected to continue to improve

Jinwu Financial News | According to the Fangzheng Securities Research Report, looking forward to the future, the bank believes that Budweiser Asia Pacific (01876) is the leading high-end beer in the Asia-Pacific region, has obvious advantages on the “brand+channel” side, and has a mature and sophisticated high-end style of play. Under the guidance of high-end strategy and the requirement for “profit+cash flow”, the company will continue to lead the high-end process in the Asia-Pacific market. It is expected that in '24, the sales base in China will gradually decline in Q3, and the trend of structural upgrading will continue. In terms of cost, due to increased productivity, favorable raw material costs, cost reduction and efficiency, etc., the company's cost per ton is expected to remain stable throughout the year. Meanwhile, the 23-year price increase in the Korean market is expected to last

金吾財訊May 21 03:25 ET

BUD APAC To Go Ex-Dividend On May 22nd, 2024 With 0.4128 HKD Dividend Per Share

May 14th - $BUD APAC(01876.HK)$ is trading ex-dividend on May 22nd, 2024. Shareholders of record on May 23rd, 2024 will receive 0.4128 HKD dividend per share on June 20th, 2024. The ex-dividend da

moomoo NewsMay 14 08:55 ET

Budweiser Asia Pacific (01876) will pay a 2023 final dividend of HK41.28 cents per share on June 20

Budweiser Asia Pacific (01876) announced that the company expects to distribute 2 on June 20, 2024 (Thursday)...

Zhitong FinanceMay 14 06:16 ET